How we are paid

You will be given details on how the firm is regulated by the FCA, the range of products we are authorised to advise on and any information we are required to give you.

The details outline the type of products the firm offers advice on, for example, savings and investments, pensions, mortgages, and protection.

There will always be a cost for your adviser's service as, like any other business arrangement, you are benefiting from their expertise. Clients pay for advice in three main ways:

Fees

Since 31st December 2012, it has been a regulatory requirement that the cost of all investment and pension advice be based on a fee rather than commission. Please telephone us on 0131 554 7365 if you would like a copy of our list of fees

Commission

We will always tell you about any commission we earn, and the cost of this commission paid out by the provider will normally be factored into the price of your product. These commissions vary with different products and providers but will be documented on the key facts illustration (KFI) you receive from the adviser.

Fees & Commission

By paying a combination of fees and commission, the adviser will rebate back into the financial products or hand to you some or all of the commission, or offset it against the fee

Whether we take our remuneration by way of commission or fees will be a matter of discussion and agreement, and no charges for fees will be made without prior notification in writing.